Indonesian Political, Business & Finance News

Archive: 3 September 1997

44 articles found

Striking bus drivers complain at City Council

Striking bus drivers complain at City Council JAKARTA (JP): About 100 striking S604 Metromini minibus drivers plying the Pasar Minggu-Tanah Abang route complained to the City Council yesterday about the presence of eight regular buses on the same route.

ASEAN membership

ASEAN membership It is unfortunate that the period following the admission of Myanmar into the Association of Southeast Asian Nations coincided with a host, not to say a plague, of distractions. Had the member states of the regional grouping been without distraction, they might just have begun to...

800m in Asia-Pacific poor

800m in Asia-Pacific poor JAKARTA (JP): President Soeharto called yesterday for better cooperation among Asia-Pacific states in facing the bitter reality that 800 million of the world's estimated 1.3 billion poor live in this region, regarded as the most dynamic and fastest growing.

Electronic firms invest S$100m in Bintan Park

Electronic firms invest S$100m in Bintan Park BINTAN, Riau (JP): Eight electronic manufacturers from Singapore and Japan signed agreements here yesterday to set up production facilities worth S$99.6 million (about US$66.5 million) at the Bintan Industrial Estate (BIE) on Bintan island, Riau.

Govt to restrict mobile cellular operators

Govt to restrict mobile cellular operators JAKARTA (JP): The government will carry out its plan to restrict range of mobile cellular technology and the number of operators, the secretary-general of the Ministry of Tourism, Post and Telecommunications said yesterday.Jonathan L.

Housing loan restrictions to be lifted by BTN

Housing loan restrictions to be lifted by BTN JAKARTA (JP): State-owned Bank Tabungan Negara (BTN) said yesterday it would soon lift its lending suspension for cheap housing.Bank president Tito Sutalaksan said the bank, which focuses most of its financing on housing, would resume credit allocations...

N. Jakarta fire leaves thousands homeless

N. Jakarta fire leaves thousands homeless JAKARTA (JP): A fire razed more than 200 houses in a densely populated area in Pademangan district, North Jakarta, yesterday, leaving thousands of people homeless.No fatalities were reported.

Burglar mobbed in East Jakarta

Burglar mobbed in East Jakarta JAKARTA (JP): An alleged burglar was mobbed by a crowd of people yesterday for attempting to burglarize a house in Ciracas, East Jakarta, police said.City Police spokesman Lt. Col. E.

Where to go in Jakarta:

Where to go in Jakarta:Exhibitions * Painting Exhibition: Nuansa Decoratif by Sutopo, Djoko Maruto, Petrus Pranagung at Mon Decor Gallery, Jl. Gunung Sahari Raya No.1 Blok B 13-14 Central Jakarta, 9 a.m. to 8 p.m., until Sept. 14.

EVA Air spreads its wings with big network

EVA Air spreads its wings with big networkBy Ardimas Sasdi Taiwan's privately-owned EVA Air, which began flights to Indonesia in July 1991, organized its first ever tour for Indonesian journalists to the company's maintenance facility and training center in Taipei from Aug. 19 to Aug. 22.

Health books donated

Health books donated SEMARANG, Central Java: Thousands of health books donated by the Japanese government have been distributed to all districts in the province and were expected to help maternal and child health development programs in the region, a local official said here yesterday.

Excelcomindo launches services in Central Java

Excelcomindo launches services in Central Java YOGYAKARTA (JP): PT Excelcomindo Pratama, one of the country's seven cellular telephone operators, will launch its services in Central Java's Yogyakarta, Surakarta and Semarang as a part of its nationwide expansion.

Toka Tindung gold reserves

Toka Tindung gold reserves SINGAPORE (Reuter): Aurora Gold Ltd said yesterday that gold reserves at its Toka Tindung project in north Sulawesi, Indonesia were more than one million ounces.Sandy Moyle, general manager for exploration, said in a report with three other Aurora officials at a gold...

Adieu Diana!

Adieu Diana! The death of Diana, Princess of Wales, in a car accident in Paris, as reported in The Jakarta Post on Sept. 1, is a dark page in the modern history of journalism.It refers completely to the press as "presstitutes!"Adieu our "Queen of People's Hearts". IWAN SATYANEGARAJakarta

Iwik not Udin's killer: Key witness

Iwik not Udin's killer: Key witness YOGYAKARTA (JP): The wife of slain Bernas journalist Fuad M. Syafruddin, confirmed yesterday that Dwi Sumadji, alias Iwik, was not the person she met at her house on the night of the assault on her husband.

RI foreign policy proves durable

RI foreign policy proves durableBy Rizal Sukma This is the second of two articles on Indonesia's foreign policy which was first inducted on Sept. 2, 1948. JAKARTA (JP): President Soeharto sees the use of foreign policy as a function of domestic politics directed toward achieving national interests...

Indonesia to immunize 22 million children

Indonesia to immunize 22 million children JAKARTA (JP): Minister of Health Sujudi launched the final round of the national antipolio drive yesterday, aimed at immunizing nearly 22 million children under the age of five.

Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Sep. 2, 1997: Shares Close Change Trading Volume ------------------------------------------------------ Ades Alfindo 700 0 6,000 AHAP Insurance 2,500 0 0 Alter Abadi 750 -200 10,000 Alumindo Light Metal 700 0 73,000 Alumindo...

Rupiah, shares weaken further

Rupiah, shares weaken further JAKARTA (JP): Despite the restrictions on forward foreign exchange transactions, the rupiah weakened further against the U.S. dollar yesterday to cross the 3,000 level.Local stock prices also fell by 1.4 percent, dealers and brokers said.

KL ratings sustained

KL ratings sustained KUALA LUMPUR (AFP): European rating agency IBCA has maintained its ratings on Malaysian banks for the next six months but may review the situation if the regional currency turmoil persists, reports said Tuesday."We have not gone negative on Malaysian banks.

PT Kiani Kertas to start commercial production soon

PT Kiani Kertas to start commercial production soon JAKARTA (JP): PT Kiani Kertas, a subsidiary of the Kalimanis group owned by Indonesia's timber baron Muhammad "Bob" Hasan, will start commercial operation in two weeks with an initial production capacity of 30,000 tons of pulp per month, a senior...

Antipolio drive targets 972,000 Jakartans

Antipolio drive targets 972,000 Jakartans JAKARTA (JP): The city's five mayoralties took part yesterday in the first stage of the third nationwide antipolio drive. More than 972,000 children under five years old were targeted in the capital.

Many graft findings 'ignored'

Many graft findings 'ignored' JAKARTA (JP): The Development and Finance Comptroller (BPKP) complained yesterday that government offices were very slow in acting on malfeasance practices it uncovered."In many instances, no follow up measures have been pursued," BPKP's chairman Soedarjono told a...

TV Program: Wednesday, Sept. 3, 1997

TV Program: Wednesday, Sept. 3, 1997TVRI 2:00 p.m. News: Berita 14 2:30 Travel: My Country 2:35 Family's Film: Big Brother Jake 3:10 Children's Program: Anak-Anak Indonesia 3:35 Talk Show: Kotak Pos 4:00 Regional News 4:30 Educational Quiz: Cepat Tepat 5:10 TV Series: Road to Avonlea 5:55 Music...

No amnesty soon for Chun, Roh, says Kim

No amnesty soon for Chun, Roh, says Kim SEOUL (Reuter): South Korean President Kim Young-sam ruled out yesterday an immediate amnesty for former presidents Chun Doo- hwan and Roh Tae-woo, who were jailed for mutiny, treason and corruption, a Kim aide said.

AIPO meeting close to adopting resolutions

AIPO meeting close to adopting resolutionsBy Dwi Atmanta NUSA DUA, Bali (JP): Southeast Asian parliamentarians gathering here for the 18th congress of the ASEAN Inter- Parliamentary Organization (AIPO) looked set yesterday to cut short their assembly as deliberation on draft resolutions went...

Open University denies link

Open University denies link We refer to the intensive advertisement placed by the Institute of Indonesian Entrepreneurs Development (IPWI) throughout the media. IPWI is offering a master's program in economics from Open University for Rp 550,000 for the educational development fee (SPP).

Soeharto orders probe into Bekasi land title forgeries

Soeharto orders probe into Bekasi land title forgeries JAKARTA (JP): President Soeharto ordered State Minister of Agrarian Affairs Soni Harsono yesterday to step up efforts to eradicate increasingly rampant land title forgeries and punish those found guilty of the crime.

Spotlight

SpotlightPhoto A: WeddingJP/afsGAINING A SON: Benjamin Mangkoedilaga (far right), high state administrative judge in Medan, North Sumatra, weds his daughter M.D. Yustika to Bangga N.J. (fourth from left).

Mahathir warns ASEAN may boycott Asia-Europe meet

Mahathir warns ASEAN may boycott Asia-Europe meet KUALA LUMPUR (Agencies): ASEAN may boycott a Asia-Europe summit in London next year if the European Union bars Myanmar from attending, Malaysian Prime Minister Mahathir Mohamad warned in reports published yesterday.

More workers protest controversial labor bill

More workers protest controversial labor bill JAKARTA (JP): About 300 workers claiming to represent their colleagues in Java and Sumatra held a noisy demonstration outside the House of Representatives yesterday in another round of protests over the manpower bill.

Women workers demand equality

Women workers demand equality MEDAN, North Sumatra: Hundreds of female workers of PT Ever Bright Battery marched on Monday to the provincial legislative council demanding equal treatment with their male colleagues.

SEA Games torch not to be airlifted

SEA Games torch not to be airlifted JAKARTA (JP): The 19th SEA Games torch will not be airlifted as planned but will be relayed from Borobudur temple to Jakarta, an official said Monday.Torch relay organizer Johanes Karsan said the airlift plan was canceled following a decree from the organizer...

Five steps to better education

Five steps to better education Indonesia has fallen behind other countries in education.I think there are five points to consider for the advancement of education in this country.First, parents and teachers should be obliged to give instructions to students about their study objectives.

When teachers play truant

When teachers play truant DILI, East Timor: One hundred and seventeen teachers who returned late after the last school break have been given a dressing down, Antara reported yesterday.A high-ranking official lectured them on the need for strong discipline.

Schoolgirl commits suicide

Schoolgirl commits suicide JAKARTA (JP): A 16-year-old high schoolgirl died on the way to hospital after being found unconscious in her bedroom with blood and foam oozing from her mouth yesterday morning.

Marijuana fields discovered

Marijuana fields discovered BANDA ACEH, Aceh: Police found on Sunday three marijuana fields in Glee Meulinggee village, North Brueh Island, in Aceh Besar regency, some 25 miles from Ulele Beach.About 5,700 six-month-old cannabis plants were uprooted and kept as evidence and the rest were destroyed...

Companies allow fires to worsen: Sarwono

Companies allow fires to worsen: Sarwono JAKARTA (JP): State Minister of Environment Sarwono Kusumaatmadja lashed out yesterday at "the big bosses" of logging and plantation companies who he said have allegedly caused forest fires to worsen to the point of "near disaster".

ARCO to develop huge gas field in Irian Jaya

ARCO to develop huge gas field in Irian Jaya JAKARTA (JP): Atlantic Richfield Co (ARCO) of the United States announced yesterday a massive discovery of about 13 trillion cubic feet (TCF) of proven and probable natural gas reserves in Irian Jaya.

ITTO to provide $1m for Bulungan forest project

ITTO to provide $1m for Bulungan forest project JAKARTA (JP): The International Tropical Timber Organization (ITTO) will provide about US$1 million to partly finance a three- year research program in the Bulungan forest, East Kalimantan.

Angry mob attacks Curug levy office

Angry mob attacks Curug levy office TANGERANG (JP): More than 400 Kadu Jaya villagers in Curug attacked two guards at a privately run office used to collect fees from passing motorists on Jl. Telesonik Km 8 yesterday.

Shoutheast Asian currencies still weak

Shoutheast Asian currencies still weak SINGAPORE (Reuter): Southeast Asian currencies had a volatile session yesterday as the market tried to find its footing while investors continued to look askance at the region.

Garuda adds cargo service

Garuda adds cargo service JAKARTA (JP): State-owned air carrier Garuda Indonesia will cooperate with Korea Airlines to increase to twice a week its cargo service to Seoul and Los Angeles, beginning Sept. 9.

SEA Games venues likely to be completed in time

SEA Games venues likely to be completed in time JAKARTA (JP): With only 36 days until the start of the 19th SEA Games here, the big question is whether the organizing committee can get the venues ready on time.